Originally Posted by
bingocallerb22
Profiteering is “to make an unreasonable profit not justified by cost or risk” (Wiki). So there is no increased costs or risk for end of June just an increased demand by students wanting to go home. Is AC profiteering?
No, the definition of profiteering is to make a profit by methods considered unethical and adjusting prices to match supply & demand cycles is hardly that. I'm guessing you've never bought flowers on Valentine's Day at double or triple the price to be had only a few days later. There are many other examples of the same market forces at work but IMHO it's hyperbole to call it profiteering.